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20121110
20121110
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CNBC 4
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Search Results 0 to 3 of about 4 (some duplicates have been removed)
CNBC
Nov 10, 2012 6:00am EST
use a stock replacement strategy. >> we talk about it in the web extra. also you can buy puts. we saw another name that had gone really well recently. we saw put buyers in bank of america and citi bank today. >> if you take a look at the various sectors that will likely get hit by fiscal cliff concerns you have a trade on a stock that lives at this cross roads. retail being impacted. high end consumer as well as financial industry. >> one of the hardest hit sectors were the bank stocks. some stocks in the financial sector acted pretty decently. american express is one of them. here is the stock up 18.5%. it is used as a proxy for a high end consumer. what do we know about the fiscal cliff? we know that they made the burden. to me i took a look at american express with the stock around 56. the high volatility seemed reasonable. if you think there will be a rocky period american express could be a stock to take it on the chin. >> clearly dan is bearish today. he is buying a put spread. it is a common strategy. it is good to crack open the playback. a bearish strategy you buy one put and
CNBC
Nov 10, 2012 4:00am EST
drive us closer to the brink and it colors my whole show now. i'm more sane about bridging the cliff than i was yesterday. but as the son of a veteran, if we don't get a deal soon, i can have a recession gift wrapped by christmas. next week is a very important week for earnings and data. kind of surprising. money is all about home building. the home builders have been the linchpin of the now forgotten rally. those have been the stocks in the most bull mode. they have been the leaders. we will hear from two major ones. beezer is primarily in the south. not a great company. i wouldn't tell you to buy it. horton is nationwide. both hold the key to the re-ignition of the very important group. and i want to hear how badly the storms have affected the mid-atlantic day. retail stocks have become horrendous performers of late. perhaps the area i'm most worried about is because of the storm. and the newfound gloom because of the fiscal cliff. it has hurt small business creation. a bad pot -- if we had a bad known it would be better than good unknowns. dicks reports, home depot, michael kors,
CNBC
Nov 9, 2012 7:00pm EST
quarter of 1% of gdp. all right, supply side art mentor will join us to discuss. >>> also tonight, a shocker, david petraeus quits in disgrace or was he forced out just days before he was to testify in front of congress over the benghazi embassy terror attack. will we ever get the real answers? was the threat of blackmail behind this? >> we begin this evening with the president pushing congress to come together right now and solve the fiscal cliff mess. let's give peace a chance. >> cnbc's chief washington correspondent john harwood joins us now with the details. good evening, john. >> reporter: good evening, larry. the white house threat toned veto any legislation extending those top-level bush tax rates. we've got to look closer at two the two principal negotiator his to say today because there were signs of conciliation and first there was john boehner drawing the line not against tax increases, but increases in tax rates. >> listen, the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. we know from ernst & young 7
Search Results 0 to 3 of about 4 (some duplicates have been removed)